Mental health telemedicine platform Telemynd withdraws $9M IPO

Telemynd, which operates a telemedicine and analytics platform for mental health services, withdrew its plans for an initial public offering. It had filed to raise $9 million by offering 1.6 million shares at a price range of $5.50 to $6.50. The California-based company was founded in 2000 and booked $2 million in revenue for the 12 months ended June 30, 2019.

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